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Find out the price index of the year 2008, assuming 2006 as the base year of the following data by using simple average of price relatives method: CommodityPrice in the year,2006Price in the year,2008(Rs) Per Qtl.(Rs) Per Qtl.Wheat800900Sugar11001200Rice 400 600Potato 500 700Salt 300 500 |
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Answer» Find out the price index of the year 2008, assuming 2006 as the base year of the following data by using simple average of price relatives method: CommodityPrice in the year,2006Price in the year,2008(Rs) Per Qtl.(Rs) Per Qtl.Wheat800900Sugar11001200Rice 400 600Potato 500 700Salt 300 500 |
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